Academy Sports and Outdoors (NASDAQ:ASO) Releases FY25 Earnings Guidance

Academy Sports and Outdoors (NASDAQ:ASO) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $5.80-6.10 for the period, compared to the consensus estimate of $6.20. The company issued revenue guidance of $5.895-5.940 billion, compared to the consensus revenue estimate of $6.03 billion.

Academy Sports and Outdoors Price Performance

NASDAQ:ASO opened at $50.41 on Tuesday. Academy Sports and Outdoors has a 12-month low of $44.73 and a 12-month high of $75.73. The stock’s 50 day moving average price is $51.75 and its two-hundred day moving average price is $53.49. The company has a quick ratio of 0.41, a current ratio of 1.66 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 7.78, a P/E/G ratio of 0.97 and a beta of 1.31.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, September 10th. The company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.96 by $0.07. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Academy Sports and Outdoors had a net margin of 7.98% and a return on equity of 25.56%. Academy Sports and Outdoors’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.01 EPS. On average, analysts anticipate that Academy Sports and Outdoors will post 6 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, December 18th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $0.44 annualized dividend and a yield of 0.87%. Academy Sports and Outdoors’s payout ratio is currently 6.79%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ASO shares. Truist Financial downgraded Academy Sports and Outdoors from a “buy” rating to a “hold” rating and dropped their target price for the stock from $63.00 to $50.00 in a report on Tuesday, November 19th. Wedbush restated an “outperform” rating and set a $65.00 target price on shares of Academy Sports and Outdoors in a research report on Wednesday, September 11th. Wells Fargo & Company lifted their price target on shares of Academy Sports and Outdoors from $46.00 to $51.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 11th. TD Cowen raised their price objective on Academy Sports and Outdoors from $54.00 to $56.00 and gave the stock a “hold” rating in a research note on Wednesday, September 11th. Finally, Telsey Advisory Group cut their target price on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $61.21.

Insider Buying and Selling at Academy Sports and Outdoors

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 1,200 shares of Academy Sports and Outdoors stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $62.00, for a total transaction of $74,400.00. Following the transaction, the director now directly owns 8,906 shares of the company’s stock, valued at approximately $552,172. The trade was a 11.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.19% of the company’s stock.

About Academy Sports and Outdoors

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.